08/15/2025
TURNKEY PROPERTY FOR SALE
756 Meadowbrook Dr. Birmingham, AL 35215
EST. $408 NET MONTHLY!*
3 bedroom / 1 bathroom
1,172 sq. ft.
Built in 1954
Tenant Occupied @ $1,320/m
VIDEO: https://www.youtube.com/watch?v=pZRgyyUIQ1U
Cash flowing with HABD Section 8 tenant at $1,320/month. Completely remodeled home in a nice quite neighborhood. The exterior features a nice sized front covered porch and a very private large fenced back yard with additional parking. The interior features new paint, new flooring, updated kitchen with breakfast area, and dining room. The bathroom has been completely remodeled. Large bedrooms with plenty of sunlight. This is a maintenance free property. Section 8 tenant moved in on 11 July. Total rent is $1,320 (sec 8 pays 100%) with $1,200 tenant deposit.
SALES PRICE $131,900
*Assume an average 30-yr fixed rate of 7.25% with 20% down, gives you a PITI monthly payment of $911.50 with an estimate net income of $408.50.
STATUS: Tenant Occupied @ $1320/monthBeautifully remodeled home in a nice quite neighborhood. The exterior features a nice sized front covered porch and a ve...